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2005 (8) TMI 309 - AT - Income TaxExtract: .......he provisions of section 40(ba) of the Income-tax Act will automatically comes into operation and interest/remuneration paid by an AOP cannot be allowed as deduction while computing the income of the AOP. Under these circumstances, I do not find any infirmity in the order of the learned CIT(A) and therefore dismiss the appeal filed by the assessee.
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